Movement Industries Corporation (OTCMKTS:MVNT) Stock In Focus After Project Update

Last week on May 4 Movement Industries Corporation (OTCMKTS:MVNT) had come on to the news cycle after the company announced that it had expanded Custom Skid Development through the injection of proprietary chemicals by IoT (internet of things) technology.

Trading Data

On Friday, MVNT stock soared 5.63% to $0.0075 with more than 94K shares traded, compared to volume of 236.09K shares. The stock moved within a range of $0.0059 – 0.0075 after opening trading at $0.0059.

Movement Industries Corporation Launches Remote IoT Custom Skid Project

The Chief Executive Officer of the company Linh Nguyen spoke about the latest development as well. He noted that Movement Industries Corporation had been successful in selling and launching of the 2000 gallon tank designed specifically for the purpose of remote use. He also noted that the company hoped to continue with more production in the future.

Nguyen also noted that the custom skid tank was going to be controlled and monitored with Movement Industries Corporation’s proprietary technology which utilizes IoT technology for sustained maintenance. It could well prove to be a major milestone for not only the company but also for its shareholders.

Nguyen also stated that everyone at the company was product at the extra effort and time that had been put in by the team for completing the project. Movement Industries Corporation is mainly involved in emerging growth companies in sectors like oil, energy, gas and renewables, industrial and agricultural.